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Local currencies
Ringgit to Undergo Technical Correction Against the US Dollar Next Week | Money
On a weekly basis, the ringgit rose 190 basis points to 4.1560 / 1590 against the greenback on Friday from 4.1750 / 1800 a week earlier. - Reuters photo
KUALA LUMPUR, Oct 16 - The ringgit is expected to undergo a technical…
Looking for spectacular returns? Here are 3 MFS mutual funds – October 13, 2021
Founded in 1924, MFS (Massachusetts Financial Services) had $ 685.5 billion in assets under management as of August 31, 2021. The company manages more than 80 portfolios, which invest in national and global…
Why cover your fuel costs?
Expect the unexpected
The COVID The pandemic has clearly demonstrated to us the folly of hoping for the best and assuming all will be well. Many things we took for granted two years…
Ringgit opens higher against the US dollar | Money
At 9:04 am, the local rating rose to 4.1630 / 1680 against the greenback since Friday's close at 4.1750 / 1800. - Reuters photo
KUALA LUMPUR, October 11 - The ringgit opened higher against the US dollar today amid renewed interest…
State banks themselves are in trouble
Almost three months after Padma Bank submitted its proposed merger with a state-owned lender, the Bangladesh Bank said government lenders are now plagued by financial health problems due to excessive numbers. delinquent loans.
In…
Uphold adds Curve DAO (CRV), SushiSwap (SUSHI), Axie Infinity (AXS) and The Sandbox (SAND) to the…
The popular Defend The digital currency platform with over 1.7 million customers worldwide has announced the addition of four new cryptocurrencies to its trading platform. Uphold is a multi-purpose platform used by businesses to pay…
Naira Falls suite at N414.73 / $ 1 at the spot market
By Dipo Olowookere
Sustained interest in bank stocks, particularly senior stocks, extended the Nigerian Exchange (NGX) Limited's uptrend by 0.12% on Wednesday.
The market closed in positive territory yesterday due to gains…
Bitcoin surpasses $ 55,000 thanks to approval from George Soros fund
By Paul R. La Monica, CNN Business
Bitcoin is back, and it has a prominent new supporter.
The price of the world's most valuable cryptocurrency soared nearly 10% on Wednesday morning to around $ 55,000, following news of the…
Bitcoin will become a legal mode of transaction in Brazil!
In Brazil, the acceptance of Bitcoin as a legal payment method is on the horizon. Brazilian Federal MP Aureo Ribeiro has revealed that residents of Brazil may soon be able to buy McDonald's using Bitcoin. The country is preparing a…
Bitcoin prices exceed $ 50,000 for the first time in four weeks
By Paul R. La Monica, CNN Business
The lightning race for bitcoins keep on going. The price of the world's most valuable cryptocurrency soared above $ 50,000 on Tuesday morning - the highest level in nearly four weeks.
While…
Who is behind the forex traders?
By Nathan Gurira
No matter how well-intentioned and determined the Reserve Bank of Zimbabwe (RBZ) may be to eradicate rampant delinquency in the economy, the effort may count for nothing if other institutions inflame the situation…
PriceSmart Announces Sale of Aeropost’s Parcel Routing and Marketplace Business | national…
SAN DIEGO, October 1, 2021 / PRNewswire / - PriceSmart, Inc. (NASDAQ: PSMT) today announced the sale of the…
Ringgit Ends Higher Against the US Dollar on Improving Sentiment | Money
A money changer counts ringgits at a store in Putrajaya on October 26, 2007. - Reuters pic
KUALA LUMPUR, Oct 1 - The ringgit ended higher against the US dollar today, supported by improving sentiment towards the local currency, a…
UK gas price hits new high as energy crisis deepens
gHello.
The UK economy grew 5.5% between April and June on a quarterly basis as household spending surged as restrictions on coronaviruses eased, official data shows.
The Office for National Statistics revised up a previous growth…
Expansion of the e-commerce behemoth, with the risks associated with TipRanks
© Reuters. MercadoLibre: expanding the e-commerce behemoth, with associated risks
Free Mercado (NASDAQ :) is Latin America's most comprehensive e-commerce ecosystem in terms of unique visitors and pageviews.
It…
Live Cryptocurrency Price – Norton Lets Users Mining Crypto As Bitcoin Returns After China Ban
CYBER Safety leader NortonLifeLock has been letting users mine cryptocurrency for months as Bitcoin's value climbs back after China's ban was announced.
In June, a Norton Crypto feature was created to allow consumers to "easily and…
Fantom Foundation partners with Orienbank to pilot Central
New York, NY, September 27, 2021 (GLOBE NEWSWIRE) - The Fantom Foundation has announced that it has signed a memorandum of understanding with OJSC Orienbank, one of Tajikistan's largest banks, to test a hybrid CBDC platform for possible…
Before the October launch, the eNaira platform goes live
* Records a million visits in a few days after the unveiling according to the analyzes
Obinna Chima
The official website for the Central Bank of Nigeria's (CBN) next digital currency, eNaira, went live,!-->!-->…
Africa’s cryptocurrency economy grew by over 1200% in one year
According to a study by Channel analysis, the cryptocurrency economy in Africa grew by 1200% between July 2020 and June 2021. The value of transactions was estimated at US $ 105.6 billion during this period.
This makes Africa the…
Rupee loses 4 paise to close at 73.68 against the US dollar
In the previous session on Thursday, the rupee closed at 73.64 against the US dollar.
The Indian rupee slipped 4 paise to close at 73.68 (provisional) against the US dollar on Friday, after weaker Asian peers against the US…
Indian hotel start-up Oyo prepares for IPO
Despite a difficult year due to travel restrictions linked to COVID, Hotels and rooms in Oyo is preparing to file an initial public offering (IPO) to raise approximately $ 1 billion.
The Indian hospitality startup is set to file its IPO…
Ringgit opens lower after US Fed meeting | Money
On the opening, the ringgit traded higher against a basket of major currencies. - Reuters photo
KUALA LUMPUR, September 23 - The ringgit fell further against the US dollar at the opening bell today, following the optimistic US…
Rupee drops 26 paise at almost 4 weeks against the dollar
The rupee fell 26 paise to close at a nearly four-week low at 73.87 against the US dollar on Wednesday due to a stronger dollar in foreign markets ahead of the outcome of the US Fed and US dollar meeting. concerns about Evergrande's…
New Crypto Aims To Solve Zimbabwe’s ‘Money Problems Using Blockchain Technology’…
The Zimbabwean currency collapse in 2008 and record hyperinflation are widely regarded as classic examples of what can go wrong with a centralized currency. For example, some cryptocurrency enthusiasts - as well as opponents of the…
The naira loses against the dollar on the official market
The naira fell slightly against the US dollar in the official market on Monday due to the drop in the supply of currencies.
According to data released by the FMDQ Stock Exchange where forex is officially…
The rupee resumes its downward spiral
Traders can trade notes of Rs1,000. - AFP / FileKARACHI: The rupee resumed its tumble against the US dollar on Monday, falling by around 53 paisas or 0.31% to reach Rs 168.72 on the interbank market.
The rupee began its descent…
Chinese assets
Chinese stocks have had a tumultuous year as a wave of stricter regulation rocked tech, education and gaming stocks.Yet China's general attractiveness to investors remains unchanged. Individual stocks suffered massive sell-offs and…
Interswitch recruits more Quickteller Paypoint agents
By Dipo Olowookere
The popular website that tracks the exchange rate of the Naira against major foreign currencies, AbokiFX, has announced it will suspend its pending updates when it gets "better clarity" of the currency…
Naira trades N412.88 / $ 1 as CBN Roars at Illegal FX Traders
By Adedapo Adesanya
The Naira appreciated against the greenback on Friday in the Investor and Exporter (I&E) segment of the forex (FX) market as the Central Bank of Nigeria (CBN) said it no longer recognizes exchange…
South African Rand, stocks fall on strong dollar, commodity prices drop
JOHANNESBURG, Sept. 17 (Reuters) - The South African rand weakened on Friday, reversing some initial gains and was expected to end the week with an overall loss of nearly 3.8% as the US dollar rose and weak data national economies…
Looming inflation and how to protect yourself from it
There are many ways to successfully hedge against inflation, one of which is to invest heavily in an asset class that has the potential to outperform the market during the time of inflation. Gold is a real world asset that is able to…
Online gambling everywhere
Online gambling has emerged as a major threat stretching from urban to remote rural areas, as various racket rackets…
TETFUND and the call for local training of academics, By Zubaida Baba Ibrahim
At this point in our national life, there is a need for various higher education institutions in Nigeria to review and assess the cost of staff training and further look for cost effective ways to build…
“Cryptocurrencies are an El Dorado for those who know how to use them”, Alexander…
The popularity of cryptocurrencies is increasing all over the world. While a few years ago cryptocurrencies were used almost exclusively for speculative trading, today bitcoin and some altcoins are used as a means of…
Afghan women demand their rights as Taliban demand approval
Kabul, Afghanistan (AP) - A small group of Afghan women protesting near the presidential residence in Kabul on Friday as the new Afghan leader strives to form a government and gain international approval. Demanded equal rights for the…
Bitcoin fever hits Honduras with first cryptocurrency ATM
Aug. 27 (Reuters) - The first cryptocurrency ATM in Honduras opened this week as bitcoin backers sought to boost demand for virtual assets after neighboring El Salvador became the first country to establish the bitcoin as legal tender.The…
The strength of the US dollar holds, but will it remain so after the fall of Afghanistan?
Mark Sievers: Wealth MattersFifty years have passed since President Richard M. Nixon changed the US monetary system by suspending the conversion of US dollars to gold and allowing the rate to float.
The elimination of…
Rand collapses as global markets scare
The rand was the worst performing emerging market currency this week.
On Friday morning, the rand fell nearly 3% to R15.39 / $ -…
How cryptocurrency is trendy
âCryptocurrencies are extremely easy to implement in any business modelâ - Joe Downie, CMO of NiceHash.
At the start of the year, the value of bitcoin was above the £ 41,180 mark.
Now, as…
Ringgit opens slightly lower against the US dollar | Silver
At 9 a.m., the local note stood at 4.2370 / 2400 against the greenback from yesterday's close at 4.2350 / 2390. - Photo by Hari Anggara
KUALA LUMPUR, Aug 17 The ringgit opened slightly lower against the US dollar today as political…
Buying Bitcoin is like stepping into a minefield, Bank of Russia director says
The Russian central bank has once again reiterated its negative stance on Bitcoin (BTC), with one of the bank's top executives comparing the cryptocurrency to a pyramid scheme.Sergey Shvetsov, First Deputy Governor of the Bank of Russia,…
Using a crypto lending app to bring financial services to excluded groups in Africa – Bitcoin…
In much of Africa, many people still do not have access to basic financial services for many reasons. One of the reasons is that financial…
Short position – Syariah boost for SMEs, promising prospect
Boost to Syariah for SMEsAn easy-to-use syariah compliance toolkit for unlisted micro, small and medium enterprises (MSMEs) and crowdfunding platforms is a!-->…
Nigerians Move Nearly $ 40 Million In P2P Bitcoin Trading In One Month
Bitcoin trading has always been widely adopted in countries with rapidly depreciating currencies. Nigeria, a country in West Africa, has always been at the forefront of BTC adoption in the region. The combination of a large population…
Taiwan’s foreign exchange reserves fell in July | Taiwan News
TAIPEI (Taiwan News) - In response to recent fluctuations in the world's major currencies against the US dollar, such as the euro and Japanese yen,…
Ringgit bounces to finish higher against the US dollar | Silver
At 6 p.m., the local rating rose 170 basis points to close at 4.2190 / 2220 against the greenback from yesterday's close at 4.2360 / 2410. - Reuters photo
KUALA LUMPUR, July 30 - The ringgit rebounded from yesterday's losses to…